Broadcom
(NASDAQ:AVGO)
$1414.03
18.74[1.34%]
At close: May 20
$1414.03
0[0.00%]
After Hours: 6:16PM EDT
Consensus Rating1
Buy
Highest Price Target1
$1720.00
Lowest Price Target1
$1000.00
Consensus Price Target1
$1354.54

Broadcom Stock (NASDAQ:AVGO), Analyst Ratings, Price Targets, Predictions

Broadcom Inc has a consensus price target of $1354.54, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Jefferies, Barclays, and Evercore ISI Group on May 13, 2024, April 17, 2024, and April 16, 2024. With an average price target of $1556.67 between Jefferies, Barclays, and Evercore ISI Group, there's an implied 10.09% upside for Broadcom Inc from these 3 analyst ratings.

Analyst Trend
3
Jan
4
Feb
25
1
Mar
3
Apr
1
May
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Jefferies
Barclays
Evercore ISI Group
Deutsche Bank
Benchmark

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Broadcom

Buy NowGet Alert
05/13/2024Buy Now9.62%Jefferies
Blayne Curtis
$1616 → $1550AssumesBuy → BuyGet Alert
04/17/2024Buy Now6.08%Barclays
Tom O'Malley
$1405 → $1500MaintainsOverweightGet Alert
04/16/2024Buy Now14.57%Evercore ISI Group
Matthew Prisco
→ $1620Initiates → OutperformGet Alert
04/08/2024Buy Now6.08%Deutsche Bank
Ross Seymore
→ $1500Reinstates → BuyGet Alert
03/21/2024Buy Now21.64%Benchmark
Cody Acree
→ $1720ReiteratesBuy → BuyGet Alert
03/21/2024Buy Now20.22%JP Morgan
Harlan Sur
$1700 → $1700ReiteratesOverweight → OverweightGet Alert
03/21/2024Buy Now6.08%Rosenblatt
Hans Mosesmann
→ $1500ReiteratesBuy → BuyGet Alert
03/21/2024Buy Now6.08%TD Cowen
Matthew Ramsay
$1400 → $1500UpgradeMarket Perform → OutperformGet Alert
03/20/2024Buy Now-0.64%Barclays
Tom O'Malley
→ $1405Reinstates → OverweightGet Alert
03/11/2024Buy Now10.32%Citigroup
Christopher Danely
$1100 → $1560MaintainsBuyGet Alert
03/11/2024Buy Now13.15%Cantor Fitzgerald
C J Muse
→ $1600ReiteratesOverweight → OverweightGet Alert
03/11/2024Buy Now9.62%Goldman Sachs
Toshiya Hari
$1325 → $1550MaintainsBuyGet Alert
03/11/2024Buy Now6.08%Baird
Tristan Gerra
$1265 → $1500MaintainsOutperformGet Alert
03/08/2024Buy Now6.08%Rosenblatt
Hans Mosesmann
→ $1500ReiteratesBuy → BuyGet Alert
03/08/2024Buy Now13.15%Cantor Fitzgerald
C J Muse
→ $1600ReiteratesOverweight → OverweightGet Alert
03/08/2024Buy Now14.92%Mizuho
Vijay Rakesh
$1550 → $1625MaintainsBuyGet Alert
03/08/2024Buy Now16.69%Piper Sandler
Harsh Kumar
$1250 → $1650ReiteratesOverweight → OverweightGet Alert
03/08/2024Buy Now10.75%Truist Securities
William Stein
$1240 → $1566ReiteratesBuy → BuyGet Alert
03/08/2024Buy Now6.08%Oppenheimer
Rick Schafer
$1500 → $1500ReiteratesOutperform → OutperformGet Alert
03/08/2024Buy Now16.69%Susquehanna
Christopher Rolland
$1550 → $1650MaintainsPositiveGet Alert
03/08/2024Buy Now-0.99%TD Cowen
Matthew Ramsay
$1000 → $1400MaintainsMarket PerformGet Alert
03/08/2024Buy Now1.13%Wells Fargo
Aaron Rakers
$1200 → $1430MaintainsOverweightGet Alert
03/08/2024Buy Now14.28%Jefferies
Vedvati Shrotre
$1035 → $1616MaintainsBuyGet Alert
03/08/2024Buy Now18.81%B of A Securities
Vivek Arya
$1500 → $1680MaintainsBuyGet Alert
03/08/2024Buy Now13.86%UBS
Timothy Arcuri
$1480 → $1610MaintainsBuyGet Alert
03/08/2024Buy Now20.22%JP Morgan
Harlan Sur
$1550 → $1700MaintainsOverweightGet Alert
03/08/2024Buy Now13.15%Bernstein
Stacy Rasgon
$1250 → $1600MaintainsOutperformGet Alert
03/07/2024Buy Now9.62%Mizuho
Vijay Rakesh
$1450 → $1550MaintainsBuyGet Alert
03/04/2024Buy Now13.15%Cantor Fitzgerald
C J Muse
$1300 → $1600MaintainsOverweightGet Alert
03/04/2024Buy Now6.08%Rosenblatt
Hans Mosesmann
$1160 → $1500MaintainsBuyGet Alert

FAQ

Q

What is the target price for Broadcom (AVGO)?

A

The latest price target for Broadcom (NASDAQ: AVGO) was reported by Jefferies on May 13, 2024. The analyst firm set a price target for $1550.00 expecting AVGO to rise to within 12 months (a possible 9.62% upside). 89 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Broadcom (AVGO)?

A

The latest analyst rating for Broadcom (NASDAQ: AVGO) was provided by Jefferies, and Broadcom their buy rating.

Q

When was the last upgrade for Broadcom (AVGO)?

A

The last upgrade for Broadcom Inc happened on March 21, 2024 when TD Cowen raised their price target to $1500. TD Cowen previously had a market perform for Broadcom Inc.

Q

When was the last downgrade for Broadcom (AVGO)?

A

There is no last downgrade for Broadcom.

Q

When is the next analyst rating going to be posted or updated for Broadcom (AVGO)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Broadcom, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Broadcom was filed on May 13, 2024 so you should expect the next rating to be made available sometime around May 13, 2025.

Q

Is the Analyst Rating Broadcom (AVGO) correct?

A

While ratings are subjective and will change, the latest Broadcom (AVGO) rating was a with a price target of $1616.00 to $1550.00. The current price Broadcom (AVGO) is trading at is $1414.03, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch